How MPT in 2018 Can Go Dramatically Wrong

The book is two-thirds of the history of the critique and say, hey folks, you're using an outdated system. It was designed to come up with some solutions for the 1930s and it was just filled with the heady confidence of 1950s and 60s social science. That's where we are. I think it's not a great idea. Make your own choice. My proposed solution in the last part of the book looks like private business ownership through the public equity markets. To do that, you have to look at the cash flows and the NPVs of the distributable cash flows that you, the investor receive.

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